₦airaland Forum

ppogba:
Real millionaires will not sell their assets and relocate to Cana or US.

So many fowls are sweating; na the feather no let us see am. Most are just barely comfortable and perhaps with few assets to do shakara.

aj8:
On Ellah
The first result was t signed!!!!! Or dated…
And even when signed , wasn’t by the CFO….

Can anyone please clarify this….

Shouldn’t Ngx vet these documents?

Or am I missing something?

yMcy56:
I've raised concerns at different times too about how the NGX officials are going about their duties lackadaisically.

They don't vet documents before uploading, whatever doc a company forwarded to them, they just upload it as its sent......which is very bad on the outlook of NGX!

I think last week, UNIVINSURE Q4 unaudited was uploaded and so blurred that you cant even see any figure.
I was expecting them to figure this out and withdraw the document, but till now, they didn't even find this out, tankless of deleting it.

Quite a number of error uploads like that....
Sometimes, it will even be multiple upload of same document.

It is well.

ppogba:
But, I think there is a press statement on this same thread a few pages ago showing thay UNIVERINS shares has been placed on technical suspension for failure to submit their report?

Which one do we believe because the shares were traded today ?

Agbalowomeri:
Zenith Bank
Conservative 5 weeks of lower low
Bearish. Should be @50 soon

SonofElElyonRet:
Thought we were talking billionaires.. 222Martins creating a straw man's argument and successfully confusing ppogba

222Martins:
The point is the same. It takes $1million to be a millionaire and $1billion to be a billionaire. Having one billion Naira in asset does not even make you a millionaire, not to talk of a billionaire .

ppogba:
I wasnt confused but rather trying to puncture his argument concerning MILLIONAIRES.

222Martins:
The point is the same. It takes $1million to be a millionaire and $1billion to be a billionaire. Having one billion Naira in asset does not even make you a millionaire, not to talk of a billionaire .

yMcy56:
Well-done sir.
Continue to create more fears.
You also know news do distort TA/charts I believed.

Payunsin:
Most of the so called millionaires made their money by legitimate fraud or contact with government officials n when the position is no longer available they can continue.
It is difficult to have a business with several millions turnover n making good profit relocating.
Most millionaires in Nigerian
Are by chance or crook with no solid fundermentals

rmx:
Sad but true being a naira billionaire does not make you a dollar millionaire , don’t think guys at that bracket relocate , worse case relocate family and keep hustling here and shuttling

Net worth of 1m $ should put you in top 10 to 15% in the usa and top 1% in the world

SonofElElyonRet:
Agba don return to his chronic pessimism

nosa2:
N50 price target is not unrealistic for Zenith. It could even get lower, it probably would get lower.

leo1234:
Agba want give men high BP.


How did I end up buying gtco at a high price 🤔

yMcy56:
Trading in the shares was suspended around midday, during trading hours.

Part of what we are saying.....because I think it's wrong for someone to just wake up and suspend a company in the middle of trading.

They take govt works with levity too much.

nosa2:
N50 price target is not unrealistic for Zenith. It could even get lower, it probably would get lower.

mikeapollo:
You know say when ''Principal'' (Mr. Market) dey cane student seriously, and ''class captain'' and your classmates dey laugh, dey clap hand, dey sing, dey make one kind sound. You know say, na that one dey pain and annoy person pass.

yMcy56:
I've raised concerns at different times too about how the NGX officials are going about their duties lackadaisically.

They don't vet documents before uploading, whatever doc a company forwarded to them, they just upload it as its sent......which is very bad on the outlook of NGX!

I think last week, UNIVINSURE Q4 unaudited was uploaded and so blurred that you cant even see any figure.
I was expecting them to figure this out and withdraw the document, but till now, they didn't even find this out, talkless of deleting it.

Quite a number of error uploads like that....
Sometimes, it will even be multiple upload of same document.

Blame is also on the companies sending bad or wrong documents to them.
Aren't there venting system in place to check and confirm that the right and confirmed document is sent?
I'm watching out for a time some of them will shoot themselves in the leg, then it will be escalated........and of course, this is 9ja sha.
It is well.

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/44933_UNIVERSAL_INSURANCE_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_SEPTEMBER_2025.pdf

emmanuelewumi:
I am sure you are also a Naira millionaire, hope you didn't make your millions by chance or crook with no fundamentals

emmanuelewumi:
I think it is about 5% of the population

nosa2:
N50 price target is not unrealistic for Zenith. It could even get lower, it probably would get lower.

rmx:
Even lower than i thought for usa
Wealth is truly concentrated in very hands . Maybe Having a net worth of just 100k $ might put you in the top 5% in Nigeria , we might be more blessed than we realize

emmanuelewumi:
I prefer using investment income cash flow and not networth.


I think in Nigeria having an investment income cash flow that is higher than the equivalent of $10,000 might put one in the top 5%

emmanuelewumi:
I prefer using investment income cash flow and not networth.


I think in Nigeria having an investment income cash flow that is higher than the equivalent of $10,000 might put one in the top 5%

Agbalowomeri:
Zenith Bank

Conservative 5 weeks of lower low

Bearish. Should be @50 soon

rmx:
For a year ?
That’s just 1.2m a month . Wow

Or its monthly

MrSamsung:
Sorry the bolded, is it annually, monthly, weekly or daily?

rmx:
For a year ?
That’s just 1.2m a month . Wow

Or its monthly